Finally GTBank Bans Use of Their GT Mastercard On Paypal, Facebook,etc
Everyday a Nigerian child wakes up, he/she is faced with uncountable life-threatening challenges that questions his existence and survival on earth. Yesterday comes the shocker news for all Nigerian small business entrepreneurs who have been relying on GTBank Mastercard for their international monetary transactions, as the last-man-standing bank rolled out a complete ban of all international transactions on their Naira mastercard, including USD ($) payments, which directly means that Nigerians can no longer send money using paypal (even if it is $1!), as GTB, which happens to be the only Nigerian bank that allowed Nigerians to spend a maximum of $100 on POS, foreign ATMS and websites, using their GTB Naira Mastercard.
For those who may argue this, please kindly visit GTB official customer care page on Facebook by clicking here, or see their official response below:
Central Bank of Nigeria under the leadership of Emiefele has been so unfair to Nigerians, especially young entrepreneurs who make a living doing small businesses online, and the presidency needs to look into these CBN's harsh policies if truly they want to create jobs for Nigerian youths.
Now that GTBank and other Nigerian banks have banned Nigerians from using their cards to make foreign transactions, what other options does a Nigerian entrepreneur have to pay for goods and services online in $$? See the list below:
1. Get a Payoneer Card:
This card will enable you send and receive money in $$ from Nigeria. The good news is; you can buy $$ from re-sellers online or contact us, and we will sell Payoneer $$ to you at a very competitive exchange rate while you pay in Naira equivalent. With this Payoneer card, you can link it to your paypal account and still use it to pay for goods and services you purchased on foreign websites like alibaba, ebay, Amazon, etc.
Click here to apply for a Payoneer Mastercard for free and get $25 free sign up bonus from Payoneer.
Skrill is another option for those who want to make payment on freelance websites like fiverr. To sign up for skrill, click here